LAST SOLD ON MAR 29, 2016 FOR $325,000

1516 S Wabash Ave #504,
CHICAGO, IL 60605

$381,071
Redfin Estimate
2
Beds
2
Baths
1,232
Sq Ft
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About this home

Jacqueline Colando
Listed by Jacqueline Colando Redfin Corporation
Bought with Courtney Welsch Baird & Warner
Redfin checked: 2 minutes ago (Oct 1, 2023 at 7:22pm)
Source:MRED #09148465
Home facts
Property Type
Condo
HOA Dues
$599/month
Year Built
1998
Community
LANDMARK LOFTS
Price insights
Redfin Estimate
$381,071
Price/Sq.Ft.
$309
Buyer’s Agent Commission
2.5%

Redfin Estimate for 1516 S Wabash Ave #504

Redfin has the most accurate online home estimate
$381,071
$56K since sold in March 2016
$4,000 since September
Historical Redfin Estimate Graph ChartGraph chart of this property's Redfin Estimate over time20192020202120222023$200K$250K$300K$350K$400K$450K$500K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $330K to $520K..

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Home sale earnings

Est. $144K when you sell with Redfin

Rental earnings

Est. $3,006 per month, based on comparable rentals

Central Chicago real estate market

Homes go pending in 65 days

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Additional resources

Electricity and solar

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Property details for 1516 S Wabash Ave #504

Parking
    Parking Information
  • # Of Cars: 2
  • # of Garage Spaces: 1
  • # of Parking (Total): 1
  • Parking On-Site: Yes
  • Parking: Garage,Space/s
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
Interior
    Bathroom Information
  • # of Baths (Full): 2
  • Bath Amenities: Whirlpool,Double Sink
    Bedroom Information
  • # of Bedrooms: 2
  • # of Bedrooms Possible: 2
    Room Information
  • Room Type: Bedroom 2
  • Level: Main
  • Dimensions: 14 x 11
  • Flooring: Carpet
    Room Information
  • Room Type: Dining Room
  • Level: Main
  • Dimensions: COMBO
  • Window Treatments: Curtains/Drapes
  • Flooring: Hardwood
    Room Information
  • Room Type: Kitchen
  • Level: Main
  • Dimensions: 11 x 8
  • Flooring: Hardwood
    Room Information
  • Room Type: Living Room
  • Level: Main
  • Dimensions: 28 x 17
  • Window Treatments: Curtains/Drapes
  • Flooring: Hardwood
    Room Information
  • Room Type: Master Bedroom
  • Level: Main
  • Dimensions: 14 x 11
  • Flooring: Carpet
    Additional Rooms Information
  • Dining Room: Combined w/ LivRm
  • Basement Description: None
    Interior Features
  • Interior Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • # of Rooms: 5
    Equipment
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • TV-Dish, Ceiling Fan(s)
    Fireplace Information
  • # of Fireplaces: 1
  • Fireplace Location: Living Room
  • Fireplace Features: Gas Log, Gas Starter
Exterior
    Exterior Features
  • Exterior Features: Balcony, Door Monitored By TV
    Building Information
  • # Of Units in Building: 76
  • Living Area Source: Landlord/Tenant/Seller
  • Exterior Building Type: Brick
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
    Property Information
  • Model: LOFT
  • Ownership: Condo
  • Rehab (Y/N): No
  • Parcel Number: 17221060741022
    Lot Information
  • Dimensions: COMMON GROUND
  • Lot Features: Common Grounds
Financial
    Tax Information
  • Tax Annual Amount: $3,891.38
  • Tax Year: 2014
  • Tax Exemptions: Homeowner
    Financial Information
  • Finance Code: Conventional
  • Special Service Area: N
Utilities
    Utility Information
  • Water Source: Lake Michigan
  • Sewer: Public Sewer
    Heating & Cooling
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
Location
    Community Information
  • Management: Manager Off-site,Monday through Friday
  • Pets Allowed (Y/N): Yes
  • Pets Allowed: Cats OK, Dogs OK
  • Max Pet Weight: 999
    Homeowners Association Information
  • Association Fee: $599
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Security Door Lock(s)
    School Information
  • Elementary School District: 299
  • Elementary School: SOUTH LOOP ELEMENTARY SCHOOL
  • Middle Or Junior School District: 299
  • High School District: 299
    Location Information
  • Unit Floor Level: 5
  • Subdivision Name: LANDMARK LOFTS
  • Township: SOUTH CHICAGO
  • Corporate Limits: CHICAGO
  • Directions: ROOSEVELT TO WABASH - SOUTH TO 1516
Other
    Listing Information
  • Buyer Agency Compensation: 2.5% - $275
  • BuyerAgencyCompensationType: Net Sale Price
  • Holds Earnest Money: No
  • Possession: Closing
Property information provided by MRED when last listed in 2016. This data may not match public records. Learn more.

Sale and tax history for 1516 S Wabash Ave #504

Public facts and zoning for 1516 S Wabash Ave #504

Beds
Baths
2
Sq. Ft.
1,232
Stories
Lot Size
Style
Condo/Co-op
Year Built
Year Renovated
County
Cook County
APN
17221060741022
Home facts updated by county records on Aug 20, 2023.

Additional resources

Zoning

DX-7 | Permitted: Single-Family, Two-Family, Multi-Family, Short-Term Rentals, Commercial, Industrial

Cost of home ownership

$1,649 per month

30-year fixed, 3.59% interest
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Mortgage payment$1,181
Property taxes$349
HOA dues
Add
Homeowners' insurance$119
Utilities & maintenance
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About this building

3 for sale
1516 S Wabash Ave Chicago, IL, 60605
Photo via 1516 S Wabash Ave #401
Units for sale
$349,0002 beds2 baths1200 sq ft
$349,9992 beds1.5 baths sq ft
$398,5002 beds2 baths1250 sq ft

Schools

This home is within the City of Chicago School District 299.
Showing nearby schools. Please check the school district website to see all schools serving this home.
GreatSchools Summary Rating
7/10

South Loop Elementary School

Public, K-8 • Serves this home • 0.4mi

-/10

Perspectives Charter High School

Charter, 6-12 • Nearby school • 0.4mi

4/10

Perspectives Chtr - Joslin Campus

Charter, 6-12 • Nearby school • 0.4mi

1/10

Phillips Academy High School

Public, 9-12 • Serves this home • 2.6mi

School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.

Around this home

Transportation near 1516 S Wabash Ave #504

93/100
Walker's paradise

Walk Score®

81/100
Excellent transit

Transit Score®

92/100
Biker's paradise

Bike Score®

Places

2 groceries, 19 restaurants, 7 parks

Transit

1, 10, 12, 130, 146, 18, 192, 2, 21, 24, 26, 28, 29, 3, 4, 6, 62, 850, 851, 855, J14, ME, X4

Climate risks

About climate risks

Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.

Risk Factor

Flood Factor - Minimal

Unlikely to flood in next 30 years

Fire Factor - Minimal

Unlikely to be in a wildfire in next 30 years

Heat Factor - Moderate

7 days above 100° expected this year, 14 days in 30 years

Wind Factor - Minor

1% chance of strong winds in next 30 years

Provided by First Street Foundation

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Estimated sale price
$363,000 – $431,000

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Nearby recently sold homes

Nearby homes similar to 1516 S Wabash Ave #504 have recently sold between $220K to $520K at an average of $300 per square foot.
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Home values near 1516 S Wabash Ave #504

Data from public records.

Frequently asked questions for 1516 S Wabash Ave #504

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GreatSchools Ratings provided by GreatSchools.org.